Vice President of Procurement Excellence, Consumer
Vor 2 Tagen
The New Consumer Health Company is recruiting for a Vice President of Procurement Excellence, to be located at its world headquarters in Skillman, NJ.
The New Consumer Health Company will be a leading global consumer health company, touching the lives of over one billion consumers around the world every day through iconic brands like Tylenol®, Neutrogena, JOHNSON’s®, and Listerine®. The powerful portfolio of iconic brands comprises of four $1 billion megabrands and 20 brands over $150 million.
The New Consumer Health Company will generate sales of approximately $15 billion in over 100 countries, driven by world-class innovation capabilities and strong business momentum. The company will build upon its proud heritage and powerful portfolio to improve people’s total health at every age and stage of life. By setting the pace in its categories of Self Care, Skin Health and Essential Health, including continuing to lead in Baby Care, Feminine Care, Wound Care and in Oral Health, the New Consumer Health Company’s 19,000+ employees will help empower consumers to take care of themselves and their loved ones, and live vibrant and healthy lives.
The Vice President of Procurement Excellence is responsible for driving alignment between the business and functional strategy of Procurement for the New Consumer Health Company, globally. The billions of spend in scope spans a broad portfolio of direct and indirect categories, requiring strategic business and industry engagement to establish a reliable, resilient and effective supply base for the company. The Vice Preside of Procurement Excellence will lead the development of a vision for world class end-to-end procurement processes including, but not limited to, Category Management, Supplier Management, Sourcing, Contracting, Requisition-to-Pay activities, Innovation, Talent Management, and Digital Strategy. The team under this role will develop the capability to predict market movements like inflation and deflation across all categories and will also be crucial to drive insights and innovative thinking across the organization.
The Vice President of Procurement Excellence will be accountable to establishing long-range financial targets, including cost and working capital improvement, in line with the long-range financial plan of the business. Further, the leader will shape and deliver a roadmap against a balanced value proposition including risk management, innovation, environmental, social, and corporate governance (ESG), and procurement process excellence. The leader will also be accountable for the effective integration of acquired assets into procurement processes and the procurement related dispositions of divested assets. The leader must embrace agile ways of working and will be accountable to developing and recruiting world class talent. The Vice President of Procurement Excellence will be a member of the Procurement Leadership Team and engage with Boards across the New Consumer Health Company.
Key Responsibilities:
- Develop an inspirational functional vision and strategy to establish a world class procurement organization and supply base that the New Consumer Health Company can leverage to create a competitive advantage
- Align procurement’s functional strategies with the company strategy and goals
- Coach and recruit world class talent
- Deliver ESG strategies to achieve elements of New Consumer Health’s Health Lives Mission
- Advance financial policy and responsible supplier and procurement standards
- Discover, design and build fit for purpose procurement process solutions, including the implementation of a world class digital strategy, use of business process outsourcing, and deployment of internal resources
- Establish and deliver procurement strategies and solutions for risk, resilience and market intelligence
- Support due diligence and execute the integration/disposition of acquired/divested assets
- Engage with executive leadership in key supplier relationships
- Cultivate a culture of diversity, equity and inclusion
- Benchmark industry best practices and continuously advance procurement capabilities
**Qualifications**
Qualifications:
- Bachelor’s Degree is required, an MBA or other advanced degree is strongly preferred
- A minimum of 15 years of working experience in procurement or a related discipline is required
- Comprehensive knowledge of and extensive experience with procurement business processes, practices and technologies, including experience deploying them across businesses, functions, and geographies is required
- Demonstrated leadership and deployment of best practices in ESG strategies is required
- Leadership, communication, influencing, and collaboration skills are required
- Experience in identifying and harnessing customer oriented innovative solutions is required
- Proven track record delivering against a balanced portfolio of key performance indicators (KPIs) is required
- Ability to influence and understand the
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